AAPT v Cable & Wireless Optus [1999] NSWSC 454

Reported Decision : [1999] 32 acsr 219

New South Wales Supreme Court CITATION : AAPT v Cable & Wireless Optus [1999] NSWSC 454 CURRENT JURISDICTION : Equity FILE NUMBER(S) : 2298/99 HEARING DATE(S) : 11 and 12 May 1999 JUDGMENT DATE : 12 May 1999

APPT Limited (P) PARTIES : v Cable & Wireless Optus Limited & Ors (D) JUDGMENT OF : Austin J

COUNSEL : R Wright (P) T F Bathurst QC with A Bell (Ds) SOLICITORS : Freehill Hollingdale & Page (P) Gilbert & Tobin (Ds) CATCHWORDS : Evidence - subpoenas and notices to produce - takeover proceedings - principles for challenging - whether target may require production of evidence of assertions in Part A statement about offeror's intentions; Corporations - companies - takeover - Part A statement - requirements to disclose intentions and other material information - whether state of incomplete negotiations with competition regulator need be disclosed - Corporations Law s 750 clauses 17 and 20 DECISION : Notices to produce and subpoena upheld, subject to striking out of some paragraphs

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